In Case You Missed It, Friday Was Not a Slow News Day in a Domain Industry -
Biggest domain name company transaction ever announced just before the U.S. holiday.
The Friday before a holiday weekend is usually a slow news day. But I heard some whispers Friday that Go Daddy was going to make a big announcement, hence my tweet around noon.
Indeed, a few hours later Go Daddy announced that it took an investment from KKR, Silver Lake, and Technology Crossover Ventures.
I talked with GoDaddy founder Bob Parsons Friday evening. Since most of my ... read more ...
Tag Archives: kkr
Tue 5th July 2011
Mon 27th June 2011
My Thoughts on a Go Daddy Buyout -
What a Go Daddy sale would mean.
If the chatter is to be believed, The Go Daddy Group could announce a multi-billion dollar buyout sometime this week.
While neither Go Daddy nor the buyers will confirm or deny this, it’s typical for bankers involved in the deal to leak news like this. It helps bring other potential suitors to the table and puts pressure on the buyers to close the deal.
Go Daddy has been shopping itself around unofficially for a while. Word is ... read more ...